354 ELM Street, Powassan, ON

$429,900
MLS#:X10709339
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Powassan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $429,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 66.29 x 165.44 ft lot
  • Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • Efficient baseboard heating via electric

Description

Welcome to beautiful Powassan! In the heart of town in a quiet neighborhood you will find this extensively renovated home with plenty of space for the entire family, or it can also be easily reconfigured to have an in-law suite in the lower level. A few of the key recent updates include mostly new windows, all new spacious kitchen, flooring on the main level, rear deck, garage door, exterior siding, much of the wiring, weepers and drainage system, paint, drywall in the entire lower level, closet doors and much more! The main level is bright with a large kitchen and living room, along with three bedrooms and easy backyard access. The lower level has been almost completely renovated with just the paint and flooring to be completed with your own finishing touch, and you will also find a huge rec-room along with a full bathroom and fourth bedroom, plus laundry and storage. Nice large backyard to enjoy while relaxing on your new deck. Well worth a visit! *Some images have been virtually staged to show the potential room configuration. Furniture, appliances and window blinds/coverings are not included, and scale of furniture is approximate.

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Property Summary

This detached home located at 354 ELM Street, Powassan is currently for sale and has been available on SousaSells for 749 days. This property is listed at $429,900 with an estimated mortgage of $1,431* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 354 ELM Street, Powassan is in the Powassan neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementPartially Finished, Full
Lot Size66.29 × 165.44 Acres
CountyParry Sound
Annual Tax$2,295.33
Legal DescriptionLT 12 BLK 6 PL 57; POWASSAN

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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354 ELM Street, Powassan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 354 ELM Street, Powassan, ON P0H 1Z0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Powassan.

Configure Loan Settings

Interest Rate4.00%
Down Payment$128,970 (30.0%)
* Minimum Canadian down payment required for this price is $21,495.
Amortization Period30 Years
Estimated Monthly Payment$1,431Based on a loan of $300,930 over 30 years.
Purchase Price$429,900
Loan Amount$300,930
Provincial Land Transfer Tax:$5,073
Total Estimated Closing Taxes:$5,073

About Purchasing a Home in Powassan, ON

For a property listed at $429,900 in Powassan, the legal minimum down payment is $21,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,073 for this transaction. As this listing is in Powassan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Powassan, Powassan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$507,672

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Mapleridge
Public171 Edward Street, Powassan, Ontario, P0H 1Z0
4.3

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.